Explain the qualities of a good development plan

• It is Based on Clearly Defined Objectives:

A good plan is based upon clear, well-defined and easily understood objectives. General objectives like increasing profits are ambiguous in nature and do not lend to specific steps and plans. If possible, objectives must be quantified for sake of simplicity, for instance this could be reducing inflation or unemployment by 5% in 4 years

• Feasible; the project in this plan should be achievable. Planners should be able to estimate and quantify achievements.
• Consistence; requires the planning committee to have up to date knowledge of the levels GDP or per capita income in a given time
• Compatibility; planners should draw up projects which are related to minimize costs i.e. to ensure easy linkage
• Sequencing: planner should set up project step by step for example improvement of infrastructure must be done first before mining the area, a bottling company should be done before setting up beverage company
• Comprehensiveness; it should cover the entire or all section that is under plan or consideration. It should not leave any part of the section under plan uncovered. It is comprehensive and includes each and every aspect of the objectives.
• Participation; it should encourage massive participation in the implementation i.e. it should elicit people to actively participate and feel part and parcel of the plan
• Proportionality; planners should apportion the available resource to different development projects and sections according to priority. For example during the national budget, different ministries and departments get appropriate resource allocation
• Optimality; planners should ensure that there is full utilization of the planned resources so as to ensure maximum welfare
• Relevancy: it should meet desired needs of the people. It should identify with people and ensure participation of the majority
• Acceptability; a plan should be socially, economically, and politically desirable in order to be implemented easily.
• It is Simple: A goods plan must be simple and comprehensive. When the plan is simple, all employees of the organisation can know its significance and it can be easily put into operation, which leads to achieve objective.
• It is Flexible: Planning should be flexible enough to incorporate any changes in the resources, if necessary. Additionally, it should be responsive to changed conditions so that if future events do not follow the anticipation, the same plan can be modified and adopted to the altered situation.
• It is Time-Bound:The time period allowed for achieving goals should be reasonable even though planning is an attempt to anticipate the future. Long-range planning are more uncertain. Hence, the time period covered should be reasonable and reasonably stable.